1824 Avenue HScottsbluffNE69361
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Scottsbluff at 1824 Avenue H, Scottsbluff, NE, 69361 priced at $139,000 converts $1,194/mo rent into $256/mo cash flow after a $680/mo obligation. Total monthly income equals $1,194/mo, and annual cash flow totals $3,068/yr on $46,079 invested. Return on cash invested prints 26.57% in year one, and rental yield reads 10.31% against a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation compiles into $38,403 by year five. Five-year ROI reaches 139.32% and total cumulative return in cash sums $64,196. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,194/mo property income covering a $680/mo payment, not borrower’s personal income.
Single Family
Built in 1910
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 69361, Scottsbluff, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,098 (100%) |
| Owner Occupied HU | 4,365 (53.9%) |
| Renter Occupied HU | 2,729 (33.7%) |
| Vacant Housing Units | 1,004 (12.4%) |
| Median Home Value | $193,159 |
| Average Home Value | $217,308 |
Housing Distribution
Address Breakdown
Residential
7,632
Single Family
7,179
Multi-Family
453
Businesses
903
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